48, THACKERAY DRIVE, NORTHFLEET, GRAVESEND, DA11 8FT - £460,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 THACKERAY DRIVE is a large detached house of 114m², built in 2015, which could now be worth an estimated £499,233. It was last sold for £460,000 in August 2021, which was around 19% below the average August 2021 detached price in the Gravesham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was A.

48 THACKERAY DRIVE Sold Prices

Land registry data shows two sales for 48 THACKERAY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. Both of the two 48 THACKERAY DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 20 AUG	£460,000	£567,354	19% below HPI
2017 29 SEP	£400,000	£521,916	23% below HPI

48 THACKERAY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gravesham local authority area over time, sourced from the HPI. The two 48 THACKERAY DRIVE sales from September 2017 and August 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 48 THACKERAY DRIVE be worth now?

48 THACKERAY DRIVE might now be worth an estimated £499,233.

This is based on house price inflation of 8.5%, between August 2021 and April 2026, for detached houses, in the Gravesham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.5% inflationary increase is applied to the most recent sale price for 48 THACKERAY DRIVE of £460,000 on 20th August 2021. For the value to have increased from £460,000 to £499,233 over the five years and four months to April 2026, the following assumptions must hold true:

• The value of 48 THACKERAY DRIVE has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The August 2021 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 48 THACKERAY DRIVE has not materially changed since August 2021.

How Large is 48 THACKERAY DRIVE?

48 THACKERAY DRIVE is 114m² according to the EPC inspection conducted in September 2017. This puts it in the largest 40% of detached houses houses in Northfleet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northfleet, and where 48 THACKERAY DRIVE lies on this distribution: 61% of detached houses houses are smaller than 48 THACKERAY DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Northfleet.

48 THACKERAY DRIVE: Plot and Title Map

48 THACKERAY DRIVE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 48 THACKERAY DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 48 THACKERAY DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 48 THACKERAY DRIVE?

48 THACKERAY DRIVE is located in NORTHFLEET, in the DA11 postcode district. The below map shows the position of No. 48 on THACKERAY DRIVE.